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away in italy from where former senator bob dole was also wounded and senate majority leader harry reid was here hawaii today eulogizing senator inouye, talking about how emotional he got as he saw the senator's casket in the rotunda. >> he wasn't satisfied just to be there, he wanted up on that platform so he could reach his friend of 60 years, dan inouye. he got up there, with a little struggle, but he got up there and soldier to soldier, with his left hand, he saluted his soldier friend of 60 years. >> reporter: now, i want to make clear that senator inouye, i said he was award theed medal of honor. he earned it, he's a recipient. not something he won in a contest. and they heard me say that or told i said that. i want to clarify that senator inouye, all three of men received the honor, great, great honor, harris. >> harris: you've cleared it up for us, ed henry. now we'll see the flip side of this and talk about what's going on here in the mainland. the president is on vacation obviously, but is he doing other work that might bring him back to bring us back from the fiscal cliff? mi
away in italy from where former senator bob dole was also wounded and senate majority leader harry reid was here hawaii today eulogizing senator inouye, talking about how emotional he got as he saw the senator's casket in the rotunda. >> he wasn't satisfied just to be there, he wanted up on that platform so he could reach his friend of 60 years, dan inouye. he got up there, with a little struggle, but he got up there and soldier to soldier, with his left hand, he saluted his soldier...
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now harry reid, mr. electric, and mr. obama get to go at it. >> look. advantage once again, to snatch the feed from the jaws of victory. the three of us on the next commercial break could figure this out. the point -- lou: the two of you could. i would report. >> look, they just want political mileage, and they are getting it. it will be done. it has to be done. then they will go on to the next one. but it may not be done until the market falls by another five or 10%. it seems as though policymakers want to be beaten with a stake in order to get something substantial accomplished in terms of long-term budget deficit reduction. lou: i can tell you, your metaphor, it pro the is welcomed that nearly every year or in the country right now because the idea of being these politicians with something right now is compelling. i mean, this is really getting stupid. >> it's like spare the market, spoil the policymakers. lou: as we look at these numbers that are coming in, you were watching, as we have talked for some time. the bernanke bubble is rising. now, it's
now harry reid, mr. electric, and mr. obama get to go at it. >> look. advantage once again, to snatch the feed from the jaws of victory. the three of us on the next commercial break could figure this out. the point -- lou: the two of you could. i would report. >> look, they just want political mileage, and they are getting it. it will be done. it has to be done. then they will go on to the next one. but it may not be done until the market falls by another five or 10%. it seems as...
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>> chip reid, thank you very much. also on sunday wayne lapierre said the nra is asking former congressman asa hutchinson to lead the efforts to put an armed guard in every school. >> we're going to support an immediate appropriation by congress to put police officers in every school, and we're going to work with asa hutchinson who has agreed to work with us to put together a voluntary program drawing on retired military drawing on retired police drawing on former secret service, and all these people that can actually go in and make our kids safe. >> asa hutchinson joins us. congressman, good morning. >> good morning to you, jeff. >> why does there need to be an armed guard in every single zool? >> as you emphasized this should be a voluntary program, but to us the status quo is not acceptable, as senator warner said. i think we ought to look at the safety of our schools. right now you have one-third of u.s. schools that do have an armed presence. a resource officer, a police officer is present in the school. why shoul
>> chip reid, thank you very much. also on sunday wayne lapierre said the nra is asking former congressman asa hutchinson to lead the efforts to put an armed guard in every school. >> we're going to support an immediate appropriation by congress to put police officers in every school, and we're going to work with asa hutchinson who has agreed to work with us to put together a voluntary program drawing on retired military drawing on retired police drawing on former secret service,...
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chip reid is in washington with that story. good morning. >> good morning, jeff. the national rifle association was silent in the days following the tragedy in newtown. now it's speaking out and reigniting an explosive debate over gun control. the nra says it will not budge from its long-time opposition to gun control, insisting that the only thing that will stop school shootings is armed guards. >> if it's crazy to call for putting police and arms security in our school to protect our children, then call me crazy. i think the american people think it's crazy not to do it. it's the one thing that would keep people safe and the nra is going to try to do that. added that banning particular guns simply doesn't work. >> we had a so-called assault weapons ban for ten years. it was allowed to expire. studies say it made no difference. so if we're looking at things that are effective, let's talk about them. but first let's talk about protecting our kids. >>> the full court press comes from those who are showing an openness to change. democratic senator mark warner of vir
chip reid is in washington with that story. good morning. >> good morning, jeff. the national rifle association was silent in the days following the tragedy in newtown. now it's speaking out and reigniting an explosive debate over gun control. the nra says it will not budge from its long-time opposition to gun control, insisting that the only thing that will stop school shootings is armed guards. >> if it's crazy to call for putting police and arms security in our school to protect...
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when i mentioned the memorial service for senator inouye the person giving the oo eulogy was harry reid. they may have got even a chance for a little private time. the president and john boehner have not had any phone contact since friday. their staffs are still communicating but still really very little progress, jaime. >> reporter: thank you so much,ed appreciate the report at that early hour there in hawaii. merry christmas. >> reporter: meanwhile some senators are suggesting the only option now to avoid a fiscal cliff is a scaled-back deal to stop tax increases for most americans. we just hear heard heard ed elude to that. we are joined my jaime. what happens if the president and congress fail to reach an agreement on averting this so-called fiscal cliff? >> well, we go over it. you know, maybe the analogy of fiscal cliff that everyone is using might not be perfect because that doesn't end everything. there will be negotiations afterwards. in fact republicans who think that we are going overlook to the debt ceiling hike that will have to happen some time in the beginning of next yea
when i mentioned the memorial service for senator inouye the person giving the oo eulogy was harry reid. they may have got even a chance for a little private time. the president and john boehner have not had any phone contact since friday. their staffs are still communicating but still really very little progress, jaime. >> reporter: thank you so much,ed appreciate the report at that early hour there in hawaii. merry christmas. >> reporter: meanwhile some senators are suggesting the...
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gregg: tony, it is looking likely later this week harry reid will be able to pass a bill in the senate that extends the bush tax cuts for folks making less than 250,000 and extend unemployment benefits. it then goes to the house. i would think that it could pass in the house with almost every democrat and some moderate republicans. tony, if that happens, your party, republicans are going to wish they passed boehner's plan. about, right? >> well, look, that would be essentially a unilateral disarmiment for the gop which is a nice christmas gift to the president but nothing that is going to really solve the problem. if there is going to be a stopgap, all tax cuts need to be extended until washington gets its act together. gregg: you're dodging my question. republicans will wish they voted for plan b, tony. tony? >> gregg, the essential point is this, we have to solve the problem. we can no longer play this game and kick the can down the road. so if we're going to do it at least give the markets, the stability, let the bush tax cuts --. gregg: last question, marjorie. the whole fiscal cli
gregg: tony, it is looking likely later this week harry reid will be able to pass a bill in the senate that extends the bush tax cuts for folks making less than 250,000 and extend unemployment benefits. it then goes to the house. i would think that it could pass in the house with almost every democrat and some moderate republicans. tony, if that happens, your party, republicans are going to wish they passed boehner's plan. about, right? >> well, look, that would be essentially a...